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Global poverty has decreased from 52% in 1981 to 22% in 2008, and is expected to drop to 15% in 2015 due to improving economies, education, and disease interventions. East Asia has seen the biggest improvement.
The global poverty rate is falling sharply: although about 52% of people in the developing world lived on less than US$1.25 (USD) a day in 1981, this was about 22% in 2008. In 2015, it is estimated that this percentage will drop further to around 15%. The improvement is thought to be due to improving economies (especially in Asia); better education (particularly in sub-Saharan Africa); and increased funding and interventions in diseases (such as malaria, tuberculosis and HIV).
Read more about poverty:
The average poverty rate for developing countries is $2 USD per day.
Despite the improvements, about a quarter of children in developing countries remain underweight.
East Asia has seen the biggest improvement in poverty since the 1980s, when 77 percent of people lived on less than $1.25 a day. By 2008, that percentage had dropped to 14%.